Filing Analysis
🚪 Officer Departure
Filed Oct 29, 2024
⚪ LOW
Azzurro Solutions Corp. announced a change in corporate officers effective September 30, 2024. Jian-Meng Yang resigned as Secretary, and Summer Li has been appointed to the role.
🚩 Red Flags
- None identified in this specific filing.
📋 Key Facts
- Jian-Meng Yang resigned from the position of Secretary effective September 30, 2024.
- Summer Li was appointed as Secretary effective September 30, 2024.
- The new Secretary, Summer Li, previously served as an office manager and bookkeeper at Vitaspring Biomedical.
🤝 Related Party Transaction
Filed Feb 22, 2024
🟠 HIGH
Azzurro Solutions Corp. underwent a significant change in control and management, involving the sale of 74% of common stock to a group of five Taiwanese investors and the resignation of its sole officer/director.
🚩 Red Flags
- Change in control: A new group now holds 74% of the company and can unilaterally elect the board.
- Concentrated ownership: The entire controlling interest is held by a specific group of five individuals from Taiwan.
- Complete management turnover: The previous sole officer/director resigned, replaced by a single individual holding all major roles (CEO, Treasurer, Secretary).
- Rapid relocation: Change in principal executive office address and books/records location.
📋 Key Facts
- Hanna Selyska sold 3,000,000 shares of Common Stock to five accredited investors (Lin Hsueh-Ching, Hsu Yu-Hsueh, Liu Pei-Ying, Yeh Yu-Ju, and Yeh Hsin-Min).
- The 'Control Group' now holds approximately 74% of the issued and outstanding shares.
- Hanna Selyska resigned as sole officer and director effective February 13, 2024.
- Jian-Meng Yang appointed as CEO, Treasurer, Secretary, and Director effective February 13, 2024.
- Company headquarters moved from Prague, Czech Republic to Newport Beach, CA on February 15, 2024.
Disclaimer: This analysis is generated by AI and is for informational purposes only.
It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities.
Always review the original SEC filings and consult a financial advisor before making investment decisions.